LAS VEGAS, NV / ACCESSWIRE / October 30, 2015 / Monster Arts, Inc. (OTC: APPZ) supports the mission of the FAA's recently created task force, in determining the framework for a new registration policy and requirement for drones or unmanned aerial vehicles (UAVs). As explained by the FAA, the move to establish this task force and its related mission was an outgrowth of the proliferation of reports that UAVs are flying dangerously close to runways, airports and manned aircraft. See October 26, 2015 article, "AOPA to help guide drone registration policy." http://www.aopa.org/News-and-Video/All-News/2015/October/26/AOPA-to-help-guide-drone-registration-policy
And while the establishment of this task force is a positive development, Monster Arts feels significantly more needs to be done than simply creating a "culture of accountability and responsibility among drone operators." As observed by Monster Arts CEO and founder, Wayne Irving, "We need to make the widespread use of drones safe for the public, as well as those aircraft already in the air. Unmanned aircraft can make our lives better in many different ways, but measures need to be taken so that their movements and those operating them can be reliably tracked. In fact, Monster Arts has developed a monitoring and tracking software system that provides just such a technology solution."
Monster Arts will continue to provide updates on the exciting and important developments in the emerging areas of drone and drone operator monitoring, tracking and related governmental registration requirements. This area of FAA regulation and focus is expected to continue to expand and develop as companies such as Amazon, Google and Walmart test the use of drones in such areas as inventory management, home delivery and supply fulfillment.
For more discussion on the growth in drone and UAV usage and traffic, see Monster Arts press releases from earlier this year, and see also "Exclusive: Wal-Mart seeks to test drones for home delivery, pickup," dated October 27, 2015, http://www.reuters.com/article/2015/10/27/us-wal-mart-stores-drones-exclusive-idUSKCN0SK2IQ20151027
Additionally, Monster Arts CEO recently appeared on the 901st episode of the International financial television program, 'Money TV', hosted by Donald Baillargeon. See this interview here: https://www.youtube.com/watch?v=5ozlceo9KAc
About Monster Arts
Since 2010, Monster Arts (OTC: APPZ), along with its corporate predecessors, affiliates, and venture partners, have been developing, and are continuing to develop, smart device GPS and intelligent-location driven tracking software, with an emerging focus on the fast growing Drone/Unmanned Aerial Vehicle space. In addition, the Company continues to expand its paying subscriber and partner base, through Trick or Tracker(R), FanPic.com and TravelAmericaVisitorGuide.com, among other products and related services.
PRESS CONTACT:
Wayne Irving
CEO
Monster Arts, Inc.
(725) 222-UAV1
fly@aviationm.com
Safe Harbor Statement:
Any statements contained in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, the risks associated with the management appointment described in this press release, and other risks identified in the filings by Monster Arts, Inc. (APPZ), with the U. S. Securities and Exchange Commission. Further information on risks faced by APPZ are detailed in the Form 10-K for the year ended December 31, 2014, and in its subsequent Quarterly Reports on Form 10-Q. These filings are or will become available on a website maintained by the U. S. Securities and Exchange Commission at http://www.sec.gov. The information contained in this press release is accurate as of the date indicated. Actual results, events or performance may differ materially. Monster Arts does not undertake any obligation to publicly release the any revision to these forward-looking statements that may be made to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements.
SOURCE: Monster Arts, Inc.